XML 64 R4.htm IDEA: XBRL DOCUMENT v3.24.1.1.u2
Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
REVENUE    
TOTAL REVENUE $ 346,766 $ 2,205,164
COST OF REVENUE 164,886 1,718,492
GROSS PROFIT 181,880 486,673
OPERATING EXPENSES    
General & Administrative 1,342,863 1,037,631
Total Operating Expenses 1,342,863 1,037,631
LOSS FROM OPERATIONS (1,160,983) (550,958)
OTHER INCOME (EXPENSE)    
Miscellaneous Income (Expense) 25,317 53
Interest Income 52,595 19,862
Interest Expense (4,285) (517)
Total Other Income (Expense) 73,627 19,398
LOSS BEFORE INCOME TAXES (1,087,356) (531,561)
BENEFIT (PROVISION) FOR INCOME TAXES (31,344) (18,702)
NET LOSS (1,118,700) (550,263)
Plus: Net Loss attributable to the Non-Controlling Interest 10,502
NET LOSS ATTRIBUTABLE TO IVEDA SOLUTIONS, INC. $ (1,108,198) $ (550,263)
BASIC LOSS PER SHARE $ (0.07) $ (0.04)
DILUTED LOSS PER SHARE $ (0.07) $ (0.04)
BASIC WEIGHTED AVERAGE SHARES 16,169,891 15,489,689
DILUTED WEIGHTED AVERAGE SHARES 16,169,891 15,489,689
Equipment Sales [Member]    
REVENUE    
TOTAL REVENUE $ 227,038 $ 2,004,218
Service Revenue [Member]    
REVENUE    
TOTAL REVENUE $ 119,728 $ 200,946